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ITC on vehicle repairs
can we take GST Input tax credit on the vehicle repairs which is on business name and used for business,when we are not a transporter
Replies (5)
| Originally posted by : Vipin Kumar | ||
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can we take GST Input tax credit on the vehicle repairs which is on business name and used for business,when we are not a transporter |  |
Not Available as per SEc 17 (5) of CGST Act.
section 17(5) contains the word 'in respect of' therefore credit shall not be available on repair of motor vehicles.
however if you are using vehicle for transportation of goods u can claim itc for such repairs.
however if you are using vehicle for transportation of goods u can claim itc for such repairs.
In respect of Motor Vehicle- this is narrow - If they had used in relation to then it would have been wide.
Therefore my view is that restriction is not there for other than MV.
As per my view.,
The Vehicle's repairs and Maintenance related GST Tax will be available for ITC...
No more restriction for taking ITC for Repairs and Maintenance charges for the Motor Vehicles..
It's restricted as per sec 17(5) In course of Purchase of MV...
The Vehicle's repairs and Maintenance related GST Tax will be available for ITC...
No more restriction for taking ITC for Repairs and Maintenance charges for the Motor Vehicles..
It's restricted as per sec 17(5) In course of Purchase of MV...
yes sir, your are correct
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